Peru Pet Food Market 2023
- Market Report
- ID: HC25496P
- Delivery Time: 1 Business Day
- Tag: Pet Food
Market Overview
According to the latest estimates, the pet food market in Peru is set to achieve an incremental growth of USD 277.0 million, accelerating at a CAGR of almost 9.4% during the forecast period 2023-2028. The expanding rate of pet guardianship in this country is attributable to the evolution of sociocultural perspectives that have become more inclusive of companion animals within the home. As social conventions have shifted and individual domestic situations have enabled accountable pet ownership commitments, the prevalence of households choosing to care for pets has grown markedly. This has served to enlarge the addressable market for nutritional products catered toward such domesticated animals.
Simultaneously, the way society views these pets has transformed considerably-they are now regarded less like property and more akin to valued family members. Pet caretakers, responding to this paradigm shift, consistently express desire to provide their animals with nutrition comparable to high-grade human fare, customized toward the diverse physiological needs unique to each animal. Such changing attitudes continue to fuel escalating consumer demand for premium and deliberately-tailored pet food formulations that focus on achieving optimal health outcomes through ingredient quality and nutritional completeness.
Undergirding these evolving market dynamics is the nation’s surge in broad-based financial prosperity. As aggregate wealth and household discretionary incomes increase nationwide due to a strengthening domestic economy, additional funding becomes readily available for disbursement into pet care-related expenditures. With capacity to sufficiently provide for basic necessities, guardians demonstrate willingness to allocate extra resources toward specialty pet nutrition choices which align with their empathy-motivated philosophies of animal welfare and humanized treatment of their pets.
The report provides a comprehensive overview of the Peru pet food industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as animal type, product type, ingredient, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the pet food industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the pet food industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.
Market Segmentation
The pet food market in Peru is segmented as below:
Animal type: birds, cats, dogs, fish, and others
Product type: dry pet food, treats and mixers, wet pet food, and others
Ingredient: animal derived, cereals and cereal derivatives, plant derived, and others
Distribution channel: supermarkets and hypermarkets, grocery stores, pet stores, e-commerce, veterinary clinics, and others
The Peru pet food market is segmented on the basis of animal type, product type, ingredient, and distribution channel. By animal type, the pet food market in Peru has been segmented into birds, cats, dogs, fish, and others. Based upon product type, the pet food market in Peru is categorized into dry pet food, treats and mixers, wet pet food, and others. On the basis of ingredient, the pet food market in Peru has been segmented into animal derived, cereals and cereal derivatives, plant derived, and others. By distribution channel, the pet food market in Peru has been segmented into supermarkets and hypermarkets, grocery stores, pet stores, e-commerce, veterinary clinics, and others.
Competitive Landscape
The Peru pet food market is highly competitive. As of 2022, the major players in the Peru pet food market were Rinti SA, Nestle S.A., Empresas Carozzi S.A., Colgate-Palmolive Company, Mars Incorporated, VAFO Group a.s., Rolf C. Hagen Inc., Mogiana Alimentos S.A. (BRF S.A.), Schell and Kampeter Inc.
The report is an indispensable tool for companies and organizations operating in the pet food industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the pet food market.
Why Buy This Report?
Provide statistical data or estimations for the Peru pet food market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the pet food market in Peru
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the pet food market in Peru looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities
Table of Contents
TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Peru Pet Food Market – Animal Type Analysis
3.1 Birds
3.2 Cats
3.3 Dogs
3.4 Fish
3.5 Others
4. Peru Pet Food Market – Product Type Analysis
4.1 Dry pet food
4.2 Treats and mixers
4.3 Wet pet food
4.4 Others
5. Peru Pet Food Market – Ingredient Analysis
5.1 Animal derived
5.2 Cereals and cereal derivatives
5.3 Plant derived
5.4 Others
6. Peru Pet Food Market – Distribution Channel Analysis
6.1 Supermarkets and hypermarkets
6.2 Grocery stores
6.3 Pet stores
6.4 E-commerce
6.5 Veterinary clinics
6.6 Others
7. Company Profiles
7.1 Rinti SA
7.2 Nestle S.A.
7.3 Empresas Carozzi S.A.
7.4 Colgate-Palmolive Company
7.5 Mars, Incorporated
7.6 VAFO Group a.s.
7.7 Rolf C. Hagen Inc.
7.8 Mogiana Alimentos S.A. (BRF S.A.)
7.9 Schell and Kampeter Inc.
DISCLAIMER
Companies Mentioned
Rinti SA
Nestle S.A.
Empresas Carozzi S.A.
Colgate-Palmolive Company
Mars, Incorporated
VAFO Group a.s.
Rolf C. Hagen Inc.
Mogiana Alimentos S.A. (BRF S.A.)
Schell and Kampeter Inc.
USD 225